The auction results of the Bank of Botswana Certificates (BoBC) maturing on January 19, 2011 and April 6, 2011 are summarised below.

DATE: January 5, 2011

Issue BoBC 190111 BoBC 060411
Total Subscribed (P million) 5 955.453 4 089.198
Total Allotment (P million) 5 800.000 4 089.198
Stop-Out Price (P) 99.756 98.405
Stop-Out Yield (percent) 6.58 6.66
Simple Rate (percent) 6.38 6.50
Weighted average yield of winning bids (percent) 6.57 6.61
Simple rate for weighted average winning bids (percent) 6.38 6.45
Weighted average price of winning bids (P) 99.756 98.417
Minimum winning bid yield (percent) 6.52 6.60
Maximum bid yield (percent) 6.58 6.66
Days to Maturity 14 91

Note: 
BoBC 190111 - Bids  above P99.756 received full allotment while bids at 99.756 received 96.34 percent of the amount applied for .
 
BoBC  060411 - Bids at and above P98.405 received full allotment